This is simply classic

[godoftrading]

So let me get this straight, SocGen discovered the rogue trades last sunday according to this arcticle:

http://www.lemonde.fr/economie/arti...l#ens_id=975400

I presume first thing when the futures open sunday night, they liquidated, single handedly causing the carnage in the markets, yet the Fed thinks it's all because of recession fears and cuts 75.

So in other words the fed based their 75 cut on massively incorrect assumptions? This just proves how beholden the fed is to market moves, compared to the ECB who didn't flinch throughout that whole ordeal.

LOL the fed is a pathetic joke

 

[handymanny]

thread lawak jenaka ke ni?

 

[robert.miner]

very interesting article to be read by all members.

 

[Electric Rainbow]

Reading articles and stories of others can be good idea to get motivation and improve our self for next trading.

 

[Nihuginn]

Yes, there are often surprises in our meeting, and not always pleasant. But in general, we really understand the risks here, so you just trade, considering that something unexpected can happen. For the same reason, traders do not risk half of their capital, etc.

 

[Shing1985]

Yes, it is simply classic. If we read other's success stories then they can impress us and we can make good trade.

 

[pudins70]

This thread is simply rubbish.